BusinessMoneyBureau De Change Stopped from Operating Forex Sales as CBN Retains Lending Rate
ABUJA — The operators of the Bureau De Change have been, with immediate effect, stopped from operating forex sales by the Central Bank of Nigeria (CBN). This was disclosed by the Governor of the CBN, Godwin Emefiele, after the two-day meeting of the Monetary Policy Committee (MPC) in Abuja on Tuesday. The Committee, at the end of the meeting, also retained the Monetary Policy Rate at 11.5 percent. The MPC also retained the Cash Reserve...










